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20121127
20121127
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KCSMMHZ
Nov 27, 2012 6:00am PST
use of wind-generated power sometime after 2015. they also decided to try by 2030 to set up a system that will automatically control and save energy use in all households in the country. the government has been trying to draft a green energy plan since september, hoping to put it together by the end of the year. but it's uncertain whether this target will be met. that's because the lower house has been dissolved and a general election is scheduled for next month. >>> eurozone finance chiefs have finally reached an agreement on a greek bailout. they have also decided to offer 43.7 billion euros or about $57 billion in loans. the decision came after 12 hours of talks in their third round of meetings this month in brussels. >> i'm pleased to announce that today we reached a political agreement on the next disbursement to greece. let me first say that this is not just about money. this is the promise of a better future for the greek people and for the euro area as a whole. >> the ministers agreed on a new goal of reducing greece's debt to 124% of gross domestic product by 2020. to
KCSMMHZ
Nov 27, 2012 2:30pm PST
government cuts and austerity measures. >> they are driving us to poverty and hunger. is that going to make it better for greece? i don't think so. in the next three years, 200,000 people will lose their jobs just like that. >> those of austerity measures are expected to cost more than 20,000 public workers their jobs. >> for the latest, let's go now live to our correspondent, who joins us live from athens. how much time does this by greece, and what does athens need to do now? how many cuts need to be made? >> the expectations are that there will be a breathing space for greece now up until the end of the first quarter, until march of next year. the money is expected to start flowing into greece in mid- december. but one point to remember here is that much of that money has already been spent, in a sense. this has taken nine months nearly to organize this new bailout, so government departments zero lots of money to suppliers. banks have not been able to make many loans, so the money that is going to be coming initially in a sense has been already spent and is not really going to go into th
KCSMMHZ
Nov 27, 2012 9:30am PST
. they did not ask any questions. they just tore it all down. >> he shows us the photos on his cell phone. the ruins of his existence. again. but he says they are determined not to give up. the protests will continue. >> well, from of a need to france now. ask anyone the question -- what are the french most famous for? it is likely that the answer -- well, one of the answers anyway -- would be producing wine, but a growing number of those world famous vineyards are being bought up by the chinese as a new middle class in china is starting to develop a taste for french wine. investors are seeing new opportunities in the big wine regions, and not unexpectedly, it is a development which is not popular with some of the french. >> it seems everything she turns her hand to is a success. she is one of china's biggest celebrities -- singer, model, actress -- and now honor of a prestigious french vineyard. it was in french hands for four centuries before the chinese came. in china, red wine has become the latest new thing, and increasing numbers of chinese are heading to france to invest in their v
Search Results 0 to 2 of about 3